Newhall Court, George Street, Hockley, Birmingham, B3

Street Guide For Newhall Court, George Street, Hockley, Birmingham, B3

 

Newhall Court, George Street, Hockley, Birmingham, B3 Map

Estimated Price: £177,001
Average Asking Price: £283,158
Price change in last one year: £8,520
Average Price Paid: £133,812
Average Rent Rates: £1,552

 

Property Prices Breakdown in Newhall Court, George Street, Hockley, Birmingham, B3

Average Price for property in Newhall Court, George Street, Hockley, Birmingham, B3 is around £177,001 e.g. average price for a flat is around 177,555. Values have been changing and have risen £511 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,710 in last 6 months, £8,520 in last 1 year, £12,510 in last 2 years, £17,873 in last 3 years, £11,923 in last 4 years and £14,235 in last 5 years.

Currently average asking price of a property in Newhall Court, George Street, Hockley, Birmingham, B3 is around £283,158 based on approximately 3 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,552 per month.

Estimated property value in Newhall Court, George Street, Hockley, Birmingham, B3 is £177,001. Average asking price is £283,158 while average price paid is £134,666 which is up by £8,520 and Avg. asking rent £1,552.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Newhall Court, George Street, Hockley, Birmingham, B3 area. In last 1 year alone average price buyer paid is around £134,666 based on approximately 3 sales in Newhall Court, George Street, Hockley, Birmingham, B3 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £132,333. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £133,812 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £134,136 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £175,000. For a flat similarly the prices varies from £128,528 for a single bedroom to £302,179 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £725,000. To sum up the asking prices for properties in Newhall Court, George Street, Hockley, Birmingham, B3 it comes to around average £128,528 for 1 bedroom property, £297,793 for 2 bedroom and £725,000 for 3 bedroom.

But if you are interested in renting a 1 bedroom flat then rent per month can be around £673. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £893 and £1,599 for 3 bedroom. You should be generally be expecting around average £673 rent per month for single bedroom property, £893 for 2 bedroom and approximately £1,599 for 3 bedroom property in Newhall Court, George Street, Hockley, Birmingham, B3 area.

Popular Houses in Newhall Court, George Street, Hockley, Birmingham, B3

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Newhall Court, George Street, Hockley, Birmingham, B3